This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Earn is pleased to launch a promotion for BNB Vault, a one-click earning service for users’ BNB holdings. Register for the promotion now and complete subscriptions to BNB Vault during the Promotion Period to get up to 1 BNB in rewards!

Promotion: Subscribe to BNB Vault & Get Up to 1 BNB in Rewards

Promotion Period: 2023-12-19 12:00 (UTC) to 2024-01-05 23:59 (UTC)

During the Promotion Period, users who fulfill the following requirements will be eligible to participate:

  • Register for the promotion

  • Subscribe to BNB Vault with at least 0.1 BNB

All eligible users will then be ranked by their net BNB Vault subscription amount (where net BNB Vault subscription amount means the total BNB Vault subscription amount less the amount of BNB redeemed from BNB Vault) during the Promotion Period. The top 500 eligible users will qualify to each receive a BNB token voucher, as per the reward structure below.

Reward Structure:

Sort by Net BNB Vault Subscription Amount During the Promotion Period

Reward per Eligible User (in Token Voucher)

1st - 10th Places

1 BNB

11th - 20th Places

0.5 BNB

21st - 500th Places

0.01 BNB

About BNB Vault

  • Users may subscribe to BNB Vault using their BNB assets at any time to earn multiple rewards. By holding a BNB Vault position, users may earn Launchpool rewards, Real Time APR rewards and Bonus-Tiered APR rewards, where applicable. 

  • Only users in qualified countries/regions will automatically receive Launchpool rewards with their BNB Vault positions. Users are not required to manually redeem their BNB assets from BNB Vault to participate in Launchpools. Please note that the rewards calculation for Launchpools is the same, regardless of whether users subscribe to BNB Vault or stake their BNB directly in Launchpools. 

  • In the case where there are multiple Launchpool projects running concurrently, users’ BNB Vault deposits will automatically be equally allocated to each Launchpool project the user is eligible for. 

  • BNB subscriptions with the BNB Vault can also be used as collateral for Binance Loans (Flexible Rate). 

Terms & Conditions:

  • Only users who complete identity verification and confirm their participation during the Promotion Period can qualify for rewards. 

  • Please refer to BNB Vault Terms of Use prior to using BNB Vault. Users may also view the FAQ for more information on BNB Vault.

  • BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards or Bonus APR rewards. Users will get Real-Time APR rewards.

  • Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.

  • Bonus Tiered APR rewards are calculated based on the subscription amounts and are subject to the tier limit. Please refer to the FAQ for more details.

  • Rewards Distribution

    • BNB rewards will be allocated in token vouchers to all eligible users within three weeks after the Promotion ends. Users can login and redeem their token voucher rewards via Profile > Rewards Hub.

    • All the distributed token vouchers will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Learn how to redeem a token voucher.

  • Users may view their BNB Vault assets by going to Wallets > Earn > Simple Earn > Flexible.

  • Users may enable the “Auto-Subscribe” function before completing subscriptions to BNB Vault, which allows users to automatically subscribe to BNB Vault using BNB balances from their Spot Wallet.

  • Redemption time for BNB Vault subscriptions: Instant. 

  • Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.

  • Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.

  • Additional promotion terms and conditions can be accessed here.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2023-12-19

Note: This announcement was updated on 2023-12-19 to add more details on rewards distribution, and to clarify BNB Vault assets collateralizing against Binance Loans (Flexible Rate) will be eligible for Real-Time APR rewards only.